May 2021 1 62 Report
Help with statistics question. What is the 95 percent confidence interval estimate of µ?

A research firm conducted a survey to determine the mean amount people spend at a popular coffee shop during a week. They found the amounts spent per week followed a normal distribution with a population standard deviation of $4. A sample of 49 customers revealed that the mean is $25. What is the 95 percent confidence interval estimate of µ?

Please enter comments
Please enter your name.
Please enter the correct email address.
You must agree before submitting.

Answers & Comments


Helpful Social

Copyright © 2024 1QUIZZ.COM - All rights reserved.